Personal Financial Fitness Club

Financial Life Coach A friendly reminder: The contents of this book are presented for information purposes only. The content expressed here is my own personal experience & opinions and these experiences & opinions are neither intended nor offered as legal, financial or psychological advice. They are offered in good faith as my own personal experiences to share techniques and approaches have found that work well for me. !lease feel free to conduct your own due diligence and consult with your own trusted professionals of whatever type before putting into practice any of the suggestions presented here. This paragraph is to be taken as a standard disclaimer of responsibility in the event that you do fail to exercise due care and "udgment in running your affairs and your life.

!utting it in plain language: anytime you engage in learning something new, use good "udgment and place yourself in the driver sit by questioning and investigating further any ideas that contradict your current information bank

With that being said, we shall begin!

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Theres A Reason Why You Need to Get Serious about Your Financial Future NOW?
%The best time to plant a tree is twenty years ago. The second best time is now.& '(hinese proverb

Although this report is written with the focus on financial freedom, the principles you learn here apply to any part of your life) *hether you want to improve your health, relationships, career and more+ As a financial ,ife (oach spend many hours every week talking to people about their finances. And, most people are quick to dismiss the need to work on their finances by saying there is no point in saving for retirement, college education or other goals because %we-re going to lose the money in the market anyway&. .thers would say, % don-t have time to monitor my savings& so let the benefits department at my "ob take care of it. And, some say % don-t make enough money to plan& well, these are all serious mistakes and they concern me. /ere is the reason why am concerned0 one of the key ingredients in building wealth is TIME. And if we don-t take the opportunity to save while we are at the accumulation phase of our life we-ll be forced to down si1e, right si1e, shrink our lifestyle at a later time. don-t know about you but am all about options) The enemy of financial growth is immediate gratification. The only way to go around this is, to create a goal that-s both compelling and attainable.
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3y goal in writing this report is twofold0 first, to help you see the right path to financial freedom. 4econd, to let you know you can do it. 5ut, perhaps most importantly is to help you get started today. To set the stage for what am going to talk about in this report like to start with the following metaphor. A cornerstone has always been the first building block set in the construction of a masonry building. This stone determines the level line for the foundation and alignment of exterior walls0 the integrity of the entire structure is dictated by this important stone. f the cornerstone is not set right, the walls will be built out of alignment, risking future collapse of the building, this is how buildings were build for centuries. The ancient masons would choose a near perfect stone and chisel it until the sides were flush and perfectly square. The shape of this stone set the standard for every stone added to the structure. As new blocks were fitted, they had to be chipped and shaped to sit in proper alignment with the cornerstone. /ere are the three fundamental goal achievement tools that refer to as common cornerstones to achieving financial freedom. 6nfortunately, most people make a mistake by overlooking these cornerstones in their attempt to save and ultimately build wealth. Cornerstone #1: (reate a written financial and other goals Cornerstone #2: !ut in place a performance management tools Cornerstone #3: avoid depending on others to completely take care of your financial affairs 7no one cares about your money as much as you do8 f you are interested in controlling your financial future, reading this report could be one of the most important steps you-re taking this year. This is your life, and you need to find a way to create financial freedom & security for you & your family.

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This report offers you a roadmap to easily navigate through the initial feelings of frustration & resistance that come along as a result of trying to tackle your financial house. f you want true financial freedom, keep reading and then start to apply what you-ve learned now. This is a "ourney worth traveling. 5ut as any seasoned traveler will tell you, there-s a difference between reading a map, and traveling a path. .ne is abstract the other, very real. That-s the gap this report will close for you : not only would it give you a roadmap on how to transform your finances but also your life. The information in this report is based on fundamental concept of building wealth.

*hy do you need a goal to build *ealth;

%<oal setting is the most important aspect of all improvement and personal development plans. (onfidence is important, determination is vital, certain personality traits contribute to success, but they all come into focus in goal setting& '!aul =. 3eyer

/ere are a couple of reasons why: $. To improvement: you can-t grow & maintain that which you don-t measure. /ow would you know what to work on and improve if you don-t have a way to track; The obvious answer is : you can-t. n order to improve, you must have something to improve. To that end,
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you need to put tools in place that can test for predicted results over time. 2. To gain leverage: to gain leverage means you have to develop a system that gets predictable result overtime. A system need to be tested overtime to bring uniformity. That-s why you should have goals in different areas of your life & create roadmap for your goals and let the map do all the thinking for you and not reinvent the wheel every month, quarter or year. f you create a roadmap, you will have direction0 otherwise you will end up going on circles for ever. *ith that said, financial planning is not a get rich overnight proposition. Again, it-s about establishing a roadmap or a plan to get on the right path starting from wherever you-re financially at this time in your life. This applies to your health as well) ?otice, the first common cornerstone above talks about having a written goal. The reason to have a written plan is this0 if you have no written goals, you have no direction and no way of knowing whether you-re on track. *ith a written financial plan anyone can dramatically increase their net worth and improve the quality of their lifestyle in a relatively short time. 5ut what happens instead is, this tried and true principle of goal setting is often neglected and most people live a life of quiet desperation not knowing where they-re going or what to do next. /ere are some of the reasons why most people miss out on having great lifestyle. $. ro!rastination: you may have heard the saying: it-s a deadly combination of la1iness & indifference

2. "a!# o$ awareness: many people don-t fully understand how the financial world works and how to make their money work effectively for them. They-re always looking for more money to build wealth without setting wealth building system 9. They lack motivation to de!ide on the lifestyle they really want
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>. ,ack or ins%$$i!ient s%pport to help keep them on track. 3ost people make big mistake in thinking that because they earn large income they are wealthy 7we call this the big income syndrome8. .thers make equally the same mistake in thinking that because they earn small income they are poor. n this report, am going to show you how true wealth is created. 5ut, before we go any further, want to highlight some of the myths out there floating around about wealth building. $. You have to get Lucky: to be wealthy you don-t need to magically be at the right place at the right time. *hat you need is a goal with a plan+ 2. You have to work Hard: you don-t need to work hard and pay your dues, use leverage. 9. You need the right opportunities: you don-t have to wait for the one opportunity that will make the difference. .pportunities are around you all the time0 you "ust have to be prepared to recogni1e them.

The key to building wealth

The fact, the real key to accumulate real wealth is you need to have your money work for you 7leverage8. Aou are only wealthy when your money is creating more money for you. This is the only way. t has to come in the form of interest, dividends or alternate source of income like building your own business. Aou can-t build wealth using only your income from a "ob. n this report am going to first briefly talk about %wealth& and how wealth is created. Then, -ll talk about and give you strategies to the two basic issues
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that keep most people from attaining financial freedom+ needless spending & emotional spending. Cirst, what is wealth building; *ealthy building is accumulating asset not from an earned income from a "ob but from a source of passive income that shows up in your bank account every month without you having to do anything after you invest the initial energy and resources to building it) And, this passive income cover all your living expenses freeing you from money worries before it-s considered passive income. The key to being wealthy therefore is to understand what passive income is and how to find the right kind of vehicle to create passive income. Therefore, generating passive income is a matter of owning an income' producing vehicle that produces more money than it costs to build & run it. .nce again, passive income only happens when the asset generates more cash than it costs. The key then is to find a vehicle that will help you build asset within a short period of time. Throughout the next few months we will explore some of the best options to generating passive income+if you like) (ontact us: supportDpersonalfinancialfitnceeclub.com

<etting started now:

Are you ready to start building financial prosperity for you and your family right from where you are now; Experts on goal setting tell us, the best way to start any goal setting session is by acknowledging your starting point. Therefore, when doing this important exercise you should start with taking accurate inventory of your income and expenses to get a clear picture of where you are now.
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know this could be laborious to most people but you can-t skip or cut corners on this activity to speed up the process. Aou-ll only be defeating the purpose. f you need help on this, please reach out to us. (ontact us: supportDpersonalfinancialfitnessclub.com The most important thing here is to know exactly where you are before you take any action. Also, you might need help in locating financial calculators to accomplish this task. f so, contact us and we-ll be glad to help you with it) f you decide to use financial calculators on your own, suggest you start with: $. li$e time earnings: will help you attain a dollar figure to your life-s work 2. Cash &low 'nal(sis: will help you weigh your income vs. expenses 9. )et Worth: will help you summari1e your asset and liabilities and reveals your net worth >. "i$e Ins%ran!e: will help you figure out how much coverage you-ll need to produce sufficient income stream to protect your family in the event of your untimely death .nce you are clear about where you are, the next step is to begin closely monitoring your spending for the next four weeks. Geep track of all your spending in a small notepad. n addition, keep receipts for everything you spend money on+..if possible) Cor most people, this exercise is quite an eye'opener and it helps with getting serious about setting financial goals. The goal here is to help you discover your needless & emotional spending that is making you feel out of control. n addition, this exercise will help you make the corrections much easier. Aou will be surprise to find out how fast money is leaking out of your possession in no time. Thus, the first part of this exercise is to identify the
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sources of those leaks and stop them. understand this takes some effort on your part, but this is the one and only way to build a solid financial foundation for personal wealth. /ere is the overall process to balancing the book, notice the four different categories. Again, the idea here is to give every dollar you earn a "ob and know exactly where every dollar is being spent. Aou know it or not, you have fixed income and variable expenses. 5alancing this two is =...5 number one. $. Cixed expenses 7yes'grocery, yes'gas, yes'hobbies, yes' entertainment, utilities, car payment, rentImortgage...etc8 2. Jebt repayment 7car pmt, mortgage, student loan, ((+etc8 9. 4avings 7$KL of what you make is yours to keep+pay yourself first8 >. 4pendable money 7eating out, movies, gifts, personal care+etc8 As an example, if you earn M@,KKK per month and the first 9 categories eat up M>,NHK living you with M2K for category > 7spendable money8, you are already in trouble) The formula suggest you use is to breakdown your income into the following: $. FKL of your income goes to category O$, Cixed expenses 2. $@L of your income goes to category O2, Jebt pmt. 9. $KL of your income goes to category O 9, pay yourself first >. @L of your income goes to category O>, 4pendable money 6sing this formula with the income above, it would look something like this: $. (ategory O$, FKL fixed expenses P M9,@KK 2. (ategory O2, $@L Jebt payment P MF@K 9. (ategory O9, $KL 4avings P M@KK
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>. (ategory O>, 4pending money

P M2@K

3ost people try to shuffle money between these > categories without any system to follow and in the end they will have too many months left in their budget. Aou can substitute your monthly income into this formula and design it "ust the way you see it here and you will improve your situation if you continue to take action and stay on purpose. The idea here is to first get a good handle on your overall spending0 you control it instead of being controlled by your spending. This is solid financial planning at work and it will put you in the driver seat by creating a strong base from which to expand. After you complete this exercise, we-ll get into more complicated financial concepts like, asset management, taxes management, income protection, risk mitigation, and creating your own banking system and more.

5uilding a strong financial foundation

To help you advance and achieve your financial goals easily and build a strong financial foundation consider these B steps as a guide post. $. (reate a specific, measurable financial goal 2. (learly identify the value & purpose of your financial goal 9. Jo research before taking action >. 6nderstand what resources should be redirected 7time, money, people, etc8 to support your goal @. (reate a clear action plan with step by step process to achieve your goal.
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B. 3onitor your progress regularly in order to modify and tweak your plan as you continue to implement & take action. F. 3ake a firm decision to fully commit 7$KKL8 and own your goal setting process. This includes, finding a support system like0 a friendIbuddy, mentor or coach to help you stay true to your commitment. f you need help here, contact us: supportDpersonalfinancialfitnessclub.com ?ow, the first step in accumulating wealth is to pay yourself first. This secret goes back thousands of years to 5abylonian time. Aou can read a book called %the richest man in 5abylon& to learn more. Aou have to see this process of paying yourself first "ust like your other bills, like0 rent, car pmt. or taxes. .therwise, you may fall into the common trap of will save after paying everyone else but as you know well there is nothing left to save. Collow this new wealth building formula from above: O$QO2QO9QO> P ncome FKLQ$@LQ$KLQ@LP ncome Eliminate the old school formula: ncome : expenses P savings

promise you, if you put away $KL of your total income on a monthly base regardless of your income or your occupation, you have the potential to become financially independent given you start the process now. To illustrate this concept let-s look at two families with a yearly household income of M@KG and another one with a yearly household income of M$@KG. *e-ll call them family A with M@KG income and Camily 5 with M$@KG income)
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Camily A invests their $KL regularly like a clock work to build capital Camily 5 invests only 9L regularly like a clock work following the national average savings rate per family.

&amilies ' -

In!ome M@KG

*avings

eriod

Interest rate

$KL 9K yrs BL 7M@,KKK8 M$@KG 9L 9K yrs BL M9@@,FB2 7M>,@KK8 This is a hypothetical example for illustration purpose only.

*avings be$ore ta+, M9N@,2N$

As you can see from the above illustration, it-s not so much of what you make its how you plan to keep some of 7$KL8 what you make that matters. *hat makes this kind of savings possible is the magic of compound interest. The beauty of compound interest as you see here is that it doesn-t require a huge interest or large income. The key factor in compound interest is time0 if you start early you will be ahead of the crowd. *hen most people learn the magic power of compound interest they are skeptics. That-s why offer free calculator for your use. =ust go to supportDpersonalfinancialfitnessclub.com send us request and see for yourself+the numbers don-t lie. *hen you run the numbers and know what-s possible, it-s easy to get down to business and set financial goals that truly excite you.

The importance of T 3E & (.3!.6?J ?<

The next action you need to take; ?ext, how do you determine the actions you should take to keep the ball rolling;
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6nderstanding the rule of F2 is a good start. The rule of F2 states the number of years it will take to double your money based on rates of return. n other words, you can calculate the number of years it takes to double your money by simply dividing the number F2 by the interest rate. 5elow is a table to illustrate this point: This simple calculator gives you the approximate number of years it will take to double an investment of M$K,KKK. The Rule of F2 ?umber of years K B $2 $H 2> 9K 9B M>K,KKK MHK,KKK M2K,KKK M>K,KKK M2K,KKK >L M$K,KKK BL M$K,KKK $2L M$K,KKK M2K,KKK M>K,KKK MHK,KKK M$BK,KKK M92K,KKK MB>K,KKK

The table serves as a demonstration of how the rule of 72 works and is only an approximation. The question to ask yourself following this information is, how many doubling time do have left before can be financially independent; As you can see here, a one'time contribution of M$K,KKK doubles four more times at $2L than at >L0 that is a very good rate of return, would you agree; *hen you see this numbers, you-ll quickly reali1e why holding your money in a savings account doesn-t help build wealth. ncidentally banks and other financial institutions use this formula to invest their money. *hat they look for is a significantly high return in a safe investment environment where they can multiply their wealth much faster. t
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should also be your ob"ective+multiply your wealth by paying attention to0 rate of return, duration of time period, safety of investment capital and of course consistently following the $KL rule 7pay yourself first8. Earlier, mentioned that time is the ma"or factor in building wealth because of it inherent effect on compounding and was able to illustrate that to you with the above table. also said, building wealth is not a get rich quick overnight proposition. 5ecause of those two facts you need to look at the long'term prospective of your financial management system to build a secure financial future. 3y goal is to help you see the big picture now as you-re building this financial management system so you are less likely to be tempted to go for the get rich'quick types of strategy that are out there that usually promises prosperity but spells disaster. That being said, the challenge with most people is that their desire for a quick fix would almost always overcome them and forces them to abandon their financial management plan. 3ost will end up chasing a more seemingly lucrative return that doesn-t exist. f that-s your mindset read no more. To succeed, you need to be disciplined...that-s the only way you can avoid the lure of TS commercials & *all 4treet propaganda that promises huge potential gains that only offer fluff. This program will give you the insight to stay with your decision to build wealth overtime. The danger that would possibly cause you to abandon ship is this. The first few years of building your capital, you may not see significant increase in your account value. That-s because the compounding effect doesn-t kick in right away, in fact it may be couple of years before you can start to see significant change. Aou can possibly circumvent this only if you come across a si1eable amount of unexpected money to start with, whether it-s from settlement, tax return, a bonus or something else. This could help speed up the initial growth process and motivate you to stick with the wealth building program.
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As you can see, it-s worth repeating this+the enemy of financial growth is immediate gratification. .nce again, the only way to go around this is, to keep your long'term goals in mind until you acquire the skills to delay gratification. This is the first psychological hurdle you need to overcome. This is easier said than done for most of us but as you do the first few exercises above you will find that many purchases can easily be postponed or avoided altogether if you are serious. mmediate gratification has its price and that-s a price you don-t want to pay if you want to build wealth. Ask yourself this question before every purchase. %*ill making this purchase now helps me get closer to my ultimate goal or move me away;& n addition, look at managing your finances as an ongoing process. *hen you take this approach to your financial management, it-s far easier to let compounding do its miracle to gain the yields. *hen those yields compound over time wealth begins to happen and when you see your financial planning and goal setting paying off you will reinvest those earnings to profit even more. This is how you make money work for you) 3anaging your money is one of the most important tasks you will ever undertake. n fact, it-s absolutely essential to your future. t is also the most rewarding if you follow this system and stick to it. f you don-t take care of your finances, who will; I$ (o% don.t ta#e !harge o$ (o%r $inan!es now (o%.ll be $or!ed to depend on others $or the rest o$ (o%r li$e, .n that note, if your life style sucks now it-s because of one thing+.lack of planning. Aou may be broke, overweight, or emotional & spiritually bankrupt. The reason why any of these things happens to is because you have not made the decision to change them. ?othing will change until you change) 3ost people don-t plan to fail, they "ust fail to plan; Sirtually every successful enterprise begins with a plan. *ould you live in a house that was build without a blueprint; The same goes for you in your finances.
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*hy would you want to build wealth without a goal that is accompanied with a workable plan;

Aour financial future is in your own hands

Aour financial future is in your own hands and learning how to make money work for you should be your number one priority. To help you make wealth building a priority, treat your wealth building process as though you are building your own dream home. *hen you think of managing your finances like managing the building of a home0 you-re more likely to do what-s best in the long term, avoid unnecessary spending and monitor your progress. As soon as you put your thoughts and desire on paper it-s easier to manage the process. t-s also easy to follow and understand what you need to do. =ust as every house begins with a unique blueprint for that house, you need to create a unique financial management system to follow and implement for yourself and your family. 5uilding a solid financial foundation is like building a house0 you must build it from the ground up. Aou must build it right and strong the first time.

5elow is a table to illustrate this point:

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-%ilding /o%r &inan!ial 0o%se is similar to -%ilding a Material 0o%se, Material 0o%se 13 $%ndamental steps2 *tarts with -"3E 4I)T 1, &o%ndation 2, Walls 3, 4oo$ing &inan!ial 0o%se 13 $%ndamental steps2 *tarts with &I)')CI'" )EE5* ')'"/*I* 1&)'2 rote!tion 1in!ome prote!tion2 5ebt elimination 6 short term 7 emergen!( a!!o%nts *avings 6 investment 1retirement, !ollege $%nding, other goals, et!2 You build your material house from the bottom up! You build your financial house from the bottom up!

n conclusion, there is a lot to consider in setting financial goals and creating a personali1ed plan to implement your decisions. Aou have many things to think about and this report will get you started in the right direction. To achieve maximum result on your financial goals, you need to keep your focus narrow and tight on a selected few high priority items in the building process.

Again, to avoid falling short of achieving your financial management goals, avoid the following common causes of goal failure.

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$. ,ack of clarity when defining goal with a specific time frame for completion 2. Cailure to allocate necessary resources such as time, money, etc to adequately support a new goal 9. !oor commitment to do whatever it takes to achieve your financial management goals >. ?o accountability or lack of support, such as mentor, coach or buddy system to help you stay on track towards your financial goal @. nsufficient assessment on what it will take to achieve your financial goal f you are really clear on these five causes of failure and address them from the beginning you can create a more satisfying and better experience in your financial future. Remember, this is your life and you need to find a way to create wealth & security for you and your family. Also contact us: supportDpersonalfinancialfitnessclub.com (lose to HKL of millionaires start with nothing but a vision, high level of commitment, determination and persistence in order to achieve their financial freedom. Are you willing to do the same; This report offers you the direction & opportunity to advance in building your financial management system create financial freedom.

The important thing is that at this point in your life you probably know or don-t really know where you are financially. Again, if you have a written goal for your financial future you are one of those rare individuals that are poised to win and applaud you. f not it-s time to get serious and work with us ?.*.
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<et started by signing up for a complimentary >@ minute one'on' one financial goal setting consultation at0 http:IIwww.personalfinancialfitnessclub.comI

%?o problem can be solved from the same level of consciousness that created it& 'Albert Einstein f you like this report and would like to share it with friends click here) www.personalfinancialfitnessclub.comItell'a'friend.html

To your 4uccess, Jerege <etahoun (E.ICounder !CC(

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